Stoic Equity Partners acquires commercial asset in Tallahassee, Fla.

Stoic Equity Partners announced the acquisition of Woodlane Circle Commerce Park, a flex industrial property in Tallahassee, Fla.

Woodlane Circle Commerce Park, a 48,750-square-foot multi-tenant facility, comprises 19 units and features a diverse tenant mix. The property presents a significant value-add opportunity with in-place leases priced approximately 30 percent under market, positioning it for strong future returns.

“The addition of Woodlane Circle Commerce Park is a great boost to Stoic’s growing multi-tenant flex industrial portfolio,” said Grant Reaves, co-founder and managing director at Stoic Equity Partners. “This property offers tremendous upside, and we’re already realizing that potential with new leases being signed at higher rates.”